Synopsys (FRA:SYP) Accounts Payable & Accrued Expense : €642 Mil (As of Jan. 2024)

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What is Synopsys Accounts Payable & Accrued Expense?

Synopsys's quarterly accounts payable & accrued expense increased from Jul. 2023 (€819 Mil) to Oct. 2023 (€1,064 Mil) but then declined from Oct. 2023 (€1,064 Mil) to Jan. 2024 (€642 Mil).

Synopsys's annual accounts payable & accrued expense increased from Oct. 2021 (€639 Mil) to Oct. 2022 (€822 Mil) and increased from Oct. 2022 (€822 Mil) to Oct. 2023 (€1,064 Mil).

Synopsys Accounts Payable & Accrued Expense Historical Data

The historical data trend for Synopsys's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Synopsys Accounts Payable & Accrued Expense Chart

Synopsys Annual Data

Trend

Oct14

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Oct23

Accounts Payable & Accrued Expense

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472.22

553.69

638.91

821.54

1,064.20

Synopsys Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															615.82	640.06	818.54	1,064.20	642.12

Synopsys Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Synopsys (FRA:SYP) Business Description

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Address

675 Almanor Avenue, Sunnyvale, CA, USA, 94085

Website

https://www.synopsys.com

Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm's growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys' comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.

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